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1601 Gallatin Pike N
Madison, TN 37115
Rivergate Station · Retail Property For Sale
Investment Highlights
- Well-located in Madison, TN – just 11 miles north of Downtown Nashville, arguably the hottest real estate market in the Southeast
- Valuable included national outparcels – Olive Garden, Visionworks and Chase Bank (with a ???????pending national co-tenant)
- Solid, growing demographics with 108,277 people within a 5-mile radius and an Avg. HH Income of $82,847 – a good fit for the tenants at the Property
- National anchor base includes T.J.Maxx, Burke’s Outlet, Sam Ash, and Conn’s - with additional credit junior anchors pending
- T.J.Maxx reports extremely strong, growing sales, resulting in additional percentage rent
- Excellent, recent leasing momentum includes pending leases and LOIs - with Famous Footwear, Anytime Fitness, Dental Works, H&R Block and My Salon Suit
Property Facts
Property Type
Retail
Property Subtype
Building Size
209,747 SF
Building Class
B
Year Built/Renovated
1988/1998
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.25
Lot Size
19.09 AC
Zoning
CS - Commercial
Parking
1,164 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 034-06-0-002 | Improvements Assessment | $10,564,040 |
| Land Assessment | $3,991,480 | Total Assessment | $14,555,520 |
Property Taxes
Parcel Number
034-06-0-002
Land Assessment
$3,991,480
Improvements Assessment
$10,564,040
Total Assessment
$14,555,520
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